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Social Media Landscape
MEHMET BURAK AKGÜN
Awareness
Do enough people know about us? Do
enough people think about us?
Context
Do people think of us in the right way?
Value
Do people understand our value? What we
offer?
Relevance
Do people appreciate our value to them?
Catalysts
Do people have a reason to think about
us? To engage with us? To buy into us?
Brand Momentum Drivers
Social Media could
drive, amplify and reinforce
all of these things
2
Sales: Net New Customers, Increased Frequency of Transactions, promo
exposure. Increased yield (average $ value per transaction), and product
penetration
Customer Support: Immediate feedback and response, positive impact in
public forum, cost reduction
Human Resources: More effective recruiting, online monitoring of
employee behavior (risk management)
Public Relations: Online Reputation Management, improved brand image
via Social Web
Customer Loyalty: Increased interactions, better quality of interactions,
deeper relationship with brand. Increased trust in brand, increased mindshare
of brand, greater values alignment
Business Intelligence: Know Everything.
Ways Social Media Can Help Business
3
4
user-generated media
• Importance of opinions:
– Opinions are important because whenever we need to
make a decision, we want to hear others’ opinions.
– In the past,
• Individuals: opinions from friends and family
• businesses: surveys, focus groups, consultants …
• Word-of-mouth on the Web
– User-generated media: One can express opinions on anything in
reviews, forums, discussion groups, blogs ...
– Opinions of global scale: No longer limited to:
• Individuals: one’s circle of friends
• Businesses: Small scale surveys, tiny focus groups, etc.
An Example Review
• “I bought an iPhone a few days ago. It was such a nice
phone. The touch screen was really cool. The voice quality
was clear too. Although the battery life was not long, that
is ok for me. However, my mother was mad with me as I
did not tell her before I bought the phone. She also thought
the phone was too expensive, and wanted me to return it
to the shop. …”
• What do we see?
– Opinions, targets of opinions, and opinion holders
5
Can we successfully predict the
sentiment of an Instagram hashtag?
6
Instagram Overview
• Instagram – Photo sharing
social network
• Each post can contain a
caption and hashtags
• Hashtags group posts into
categories
• Express extra
information/emotion
about the post
7
Hashtag Overview
• Composed of words, phrases, and acronyms
• Often contain misspellings, made up words,
and slang/vernacular
#love
#myfriendsarehotterthanyourfriends
#likeabos
#ugly
#depresstion
#selfharmmm
8
% of Twitter Members Using Twitter to:
9
Text Data: Twitter
• A large and public social media service
– Good: Has people writing their thoughts
– Bad: News, celebrities, “media” stuff (?)
• Sources
1.Archiving the Twitter Streaming API
“Gardenhose”/”Sample”: ~10-15% of public tweets
1.Scrape of earlier messages
thanks to Brendan Meeder, CMU
• ~2 billion messages before topic selection,
Jan 2008 – May 2010
10
Message data
{
"text": "Time for the States to fight back !!! Tenth Amendment Movement: Taking On the
Feds http://bit.ly/14t1RV #tcot #teaparty”,
"created_at": "Tue Nov 17 21:08:39 +0000 2009",
"geo": null,
"id": 5806348114,
"in_reply_to_screen_name": null,
"in_reply_to_status_id": null,
"user": {
"screen_name": "TPO_News",
"created_at": "Fri May 15 04:16:38 +0000 2009",
"description": "Child of God - Married - Gun carrying NRA Conservative - Right Winger
hard Core Anti Obama (Pro America), Parrothead - www.ABoldStepBack.com #tcot #nra #iPhone",
"followers_count": 10470,
"friends_count": 11328,
"name": "Tom O'Halloran",
"profile_background_color": "f2f5f5",
"profile_image_url":
"http://a3.twimg.com/profile_images/295981637/TPO_Balcony_normal.jpg",
"protected": false,
"statuses_count": 21147,
"location": "Las Vegas, Baby!!",
"time_zone": "Pacific Time (US & Canada)",
"url": "http://www.tpo.net/1dollar",
"utc_offset": -28800,
}
} 11
Message data we use
{
"text": "Time for the States to fight back !!! Tenth Amendment Movement: Taking On the
Feds http://bit.ly/14t1RV #tcot #teaparty”,
"created_at": "Tue Nov 17 21:08:39 +0000 2009”
}
1. Text
2. Timestamp
• Message data we do not use:
– Locations from GPS
– Locations from IP addresses – not public
– User information (name, description, self-described location)
– Conversation structure: retweets, replies
– Social structure: follower network
12
Survey Data
• Consumer confidence, 2008-2009
– Index of Consumer Sentiment (Reuters/Michigan)
– Gallup Daily (free version from gallup.com)
• 2008 Presidential Elections
– Aggregation, Pollster.com
• 2009 Presidential Job Approval
– Gallup Daily
• Which tweets correspond to these polls?
13
Message selection via topic keywords
• Analyzed subsets of messages that contained
manually selected topic keyword
– “economy”, “jobs”, “job”
– “obama”
– “obama”, “mccain”
• High day-to-day volatility
– Fraction of messages containing keyword
– Nov 5 2008: 15% of tweets contain “obama”
14
Sentiment analysis: word counting
• Subjectivity Clues lexicon from OpinionFinder
(Univ. of Pittsburgh)
– Wilson et al 2005
– 2000 positive, 3600 negative words
• Procedure
1.Within topical messages,
2.Count messages containing these positive and
negative words
15
Sentiment Ratio over Messages
For one day t and a particular topic word, compute score
SentimentRatio( topic_word, t ) =
16
8% YoY Growth
Establish A Baseline
17
What are people talking about and where?
Map topics, keywords, trends, links, etc.
Monitor Impact On Conversations
18

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Social Media Sentiment Analysis

  • 2. Awareness Do enough people know about us? Do enough people think about us? Context Do people think of us in the right way? Value Do people understand our value? What we offer? Relevance Do people appreciate our value to them? Catalysts Do people have a reason to think about us? To engage with us? To buy into us? Brand Momentum Drivers Social Media could drive, amplify and reinforce all of these things 2
  • 3. Sales: Net New Customers, Increased Frequency of Transactions, promo exposure. Increased yield (average $ value per transaction), and product penetration Customer Support: Immediate feedback and response, positive impact in public forum, cost reduction Human Resources: More effective recruiting, online monitoring of employee behavior (risk management) Public Relations: Online Reputation Management, improved brand image via Social Web Customer Loyalty: Increased interactions, better quality of interactions, deeper relationship with brand. Increased trust in brand, increased mindshare of brand, greater values alignment Business Intelligence: Know Everything. Ways Social Media Can Help Business 3
  • 4. 4 user-generated media • Importance of opinions: – Opinions are important because whenever we need to make a decision, we want to hear others’ opinions. – In the past, • Individuals: opinions from friends and family • businesses: surveys, focus groups, consultants … • Word-of-mouth on the Web – User-generated media: One can express opinions on anything in reviews, forums, discussion groups, blogs ... – Opinions of global scale: No longer limited to: • Individuals: one’s circle of friends • Businesses: Small scale surveys, tiny focus groups, etc.
  • 5. An Example Review • “I bought an iPhone a few days ago. It was such a nice phone. The touch screen was really cool. The voice quality was clear too. Although the battery life was not long, that is ok for me. However, my mother was mad with me as I did not tell her before I bought the phone. She also thought the phone was too expensive, and wanted me to return it to the shop. …” • What do we see? – Opinions, targets of opinions, and opinion holders 5
  • 6. Can we successfully predict the sentiment of an Instagram hashtag? 6
  • 7. Instagram Overview • Instagram – Photo sharing social network • Each post can contain a caption and hashtags • Hashtags group posts into categories • Express extra information/emotion about the post 7
  • 8. Hashtag Overview • Composed of words, phrases, and acronyms • Often contain misspellings, made up words, and slang/vernacular #love #myfriendsarehotterthanyourfriends #likeabos #ugly #depresstion #selfharmmm 8
  • 9. % of Twitter Members Using Twitter to: 9
  • 10. Text Data: Twitter • A large and public social media service – Good: Has people writing their thoughts – Bad: News, celebrities, “media” stuff (?) • Sources 1.Archiving the Twitter Streaming API “Gardenhose”/”Sample”: ~10-15% of public tweets 1.Scrape of earlier messages thanks to Brendan Meeder, CMU • ~2 billion messages before topic selection, Jan 2008 – May 2010 10
  • 11. Message data { "text": "Time for the States to fight back !!! Tenth Amendment Movement: Taking On the Feds http://bit.ly/14t1RV #tcot #teaparty”, "created_at": "Tue Nov 17 21:08:39 +0000 2009", "geo": null, "id": 5806348114, "in_reply_to_screen_name": null, "in_reply_to_status_id": null, "user": { "screen_name": "TPO_News", "created_at": "Fri May 15 04:16:38 +0000 2009", "description": "Child of God - Married - Gun carrying NRA Conservative - Right Winger hard Core Anti Obama (Pro America), Parrothead - www.ABoldStepBack.com #tcot #nra #iPhone", "followers_count": 10470, "friends_count": 11328, "name": "Tom O'Halloran", "profile_background_color": "f2f5f5", "profile_image_url": "http://a3.twimg.com/profile_images/295981637/TPO_Balcony_normal.jpg", "protected": false, "statuses_count": 21147, "location": "Las Vegas, Baby!!", "time_zone": "Pacific Time (US & Canada)", "url": "http://www.tpo.net/1dollar", "utc_offset": -28800, } } 11
  • 12. Message data we use { "text": "Time for the States to fight back !!! Tenth Amendment Movement: Taking On the Feds http://bit.ly/14t1RV #tcot #teaparty”, "created_at": "Tue Nov 17 21:08:39 +0000 2009” } 1. Text 2. Timestamp • Message data we do not use: – Locations from GPS – Locations from IP addresses – not public – User information (name, description, self-described location) – Conversation structure: retweets, replies – Social structure: follower network 12
  • 13. Survey Data • Consumer confidence, 2008-2009 – Index of Consumer Sentiment (Reuters/Michigan) – Gallup Daily (free version from gallup.com) • 2008 Presidential Elections – Aggregation, Pollster.com • 2009 Presidential Job Approval – Gallup Daily • Which tweets correspond to these polls? 13
  • 14. Message selection via topic keywords • Analyzed subsets of messages that contained manually selected topic keyword – “economy”, “jobs”, “job” – “obama” – “obama”, “mccain” • High day-to-day volatility – Fraction of messages containing keyword – Nov 5 2008: 15% of tweets contain “obama” 14
  • 15. Sentiment analysis: word counting • Subjectivity Clues lexicon from OpinionFinder (Univ. of Pittsburgh) – Wilson et al 2005 – 2000 positive, 3600 negative words • Procedure 1.Within topical messages, 2.Count messages containing these positive and negative words 15
  • 16. Sentiment Ratio over Messages For one day t and a particular topic word, compute score SentimentRatio( topic_word, t ) = 16
  • 17. 8% YoY Growth Establish A Baseline 17
  • 18. What are people talking about and where? Map topics, keywords, trends, links, etc. Monitor Impact On Conversations 18

Editor's Notes

  1. Nov 5 2008, “obama” volume is 14.6%, but median obama volume is 0.3%